StockNews.com Begins Coverage on Rubicon Technology (NASDAQ:RBCN)

Investment analysts at StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Shares of NASDAQ RBCN opened at $2.11 on Thursday. The stock has a market capitalization of $5.02 million, a PE ratio of 11.11 and a beta of 0.86. Rubicon Technology has a one year low of $0.43 and a one year high of $2.49. The business’s fifty day moving average price is $1.84 and its 200-day moving average price is $1.50.

Rubicon Technology Company Profile

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems in North America, Asia, and internationally. The company offers optical and industrial sapphire products in various shapes and sizes, including sheets, rods, tubes, core, ingots, and prisms for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.